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2019 Indiana Code
Title 32. Property
Article 17. Interests in Property
Chapter 2. Estate
32-17-2-3. Future estates; life estates; remainders
Universal Citation: IN Code § 32-17-2-3 (2019)
IC 32-17-2-3 Future estates; life estates; remainders
Sec. 3. (a) A freehold estate and a chattel real may be created to begin at a future day.
(b) An estate for life:
(1) may be created in a term of years with or without the intervention of a precedent estate; and
(2) a remainder may be limited on the estate for life.
(c) A remainder of a freehold or a chattel real, either contingent or vested, may be created, expectant on the termination of a term of years.
[Pre-2002 Recodification Citation: 32-1-2-34.]
As added by P.L.2-2002, SEC.2.
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